Adroit Non Current Assets Total vs Net Debt Analysis

ADROITINFO

19.95 0.33 1.63%

Adroit Infotech financial indicator trend analysis is way more than just evaluating Adroit Infotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adroit Infotech is a good investment. Please check the relationship between Adroit Infotech Non Current Assets Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adroit Infotech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adroit Infotech Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Adroit Infotech's Non Current Assets Total and Net Debt is 0.21. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Adroit Infotech Limited, assuming nothing else is changed. The correlation between historical values of Adroit Infotech's Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Adroit Infotech Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Adroit Infotech's Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Adroit Infotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adroit Infotech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adroit Infotech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

The Adroit Infotech's current Issuance Of Capital Stock is estimated to increase to about 115 M, while Selling General Administrative is projected to decrease to under 20.7 M.

Adroit Infotech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Accounts Payable	Other Assets	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		-0.37	0.47	0.6	0.95	-0.17	-0.16	0.39	0.46	-0.11	0.42	0.9	0.09	-0.11	-0.55	0.61	0.54	0.49	0.73	0.47	0.62	0.56	-0.23	0.39	0.43	0.29
Short Long Term Debt Total	-0.37		-0.31	-0.15	-0.41	0.28	0.43	-0.13	0.01	-0.54	-0.16	-0.29	0.01	0.16	0.05	-0.45	-0.12	-0.02	-0.49	0.08	-0.46	-0.12	-0.08	-0.02	-0.43	-0.11
Other Current Liab	0.47	-0.31		0.71	0.4	-0.13	0.22	-0.01	0.22	0.23	0.0	0.44	0.22	-0.32	-0.26	0.32	0.33	0.4	0.37	0.07	0.33	0.51	-0.23	0.04	0.09	0.13
Total Current Liabilities	0.6	-0.15	0.71		0.49	-0.23	0.33	0.09	0.29	-0.21	0.11	0.56	0.45	-0.46	-0.66	0.54	0.51	0.54	0.47	0.05	0.38	0.63	-0.42	0.02	0.14	0.54
Total Stockholder Equity	0.95	-0.41	0.4	0.49		-0.21	-0.27	0.43	0.35	-0.1	0.43	0.89	0.08	-0.27	-0.46	0.64	0.38	0.21	0.77	0.35	0.77	0.4	-0.13	0.31	0.54	0.31
Property Plant And Equipment Net	-0.17	0.28	-0.13	-0.23	-0.21		-0.09	-0.21	0.1	0.01	-0.19	-0.48	-0.13	0.39	0.45	-0.22	-0.14	0.07	-0.29	0.29	-0.4	-0.02	-0.39	0.24	-0.25	-0.23
Net Debt	-0.16	0.43	0.22	0.33	-0.27	-0.09		-0.68	0.21	-0.23	-0.67	-0.18	0.46	-0.09	-0.29	-0.26	0.17	0.26	-0.4	0.01	-0.35	0.28	-0.05	0.06	-0.55	0.06
Cash	0.39	-0.13	-0.01	0.09	0.43	-0.21	-0.68		0.18	-0.18	0.99	0.58	-0.1	-0.02	-0.36	0.16	0.28	0.05	0.35	0.18	0.31	-0.01	0.03	0.14	0.31	-0.11
Non Current Assets Total	0.46	0.01	0.22	0.29	0.35	0.1	0.21	0.18		-0.18	0.2	0.32	0.33	0.33	-0.63	-0.31	0.75	0.49	-0.18	0.73	-0.24	0.44	-0.29	0.91	-0.51	-0.45
Non Currrent Assets Other	-0.11	-0.54	0.23	-0.21	-0.1	0.01	-0.23	-0.18	-0.18		-0.17	-0.17	-0.36	0.05	0.43	-0.04	-0.11	-0.08	0.01	0.02	-0.03	-0.27	0.33	-0.06	0.13	-0.15
Cash And Short Term Investments	0.42	-0.16	0.0	0.11	0.43	-0.19	-0.67	0.99	0.2	-0.17		0.59	-0.05	0.0	-0.38	0.17	0.3	0.1	0.36	0.17	0.3	0.1	0.02	0.2	0.29	-0.13
Net Receivables	0.9	-0.29	0.44	0.56	0.89	-0.48	-0.18	0.58	0.32	-0.17	0.59		0.08	-0.22	-0.64	0.57	0.48	0.37	0.73	0.27	0.69	0.47	0.03	0.21	0.49	0.26
Common Stock Shares Outstanding	0.09	0.01	0.22	0.45	0.08	-0.13	0.46	-0.1	0.33	-0.36	-0.05	0.08		-0.42	-0.54	-0.14	0.2	0.04	-0.25	0.03	-0.09	0.47	-0.23	0.21	-0.47	-0.07
Non Current Liabilities Total	-0.11	0.16	-0.32	-0.46	-0.27	0.39	-0.09	-0.02	0.33	0.05	0.0	-0.22	-0.42		0.18	-0.46	0.11	0.44	-0.35	0.49	-0.58	0.04	-0.08	0.49	-0.34	-0.54
Inventory	-0.55	0.05	-0.26	-0.66	-0.46	0.45	-0.29	-0.36	-0.63	0.43	-0.38	-0.64	-0.54	0.18		-0.14	-0.7	-0.46	-0.15	-0.26	-0.16	-0.53	0.05	-0.37	0.13	-0.09
Other Current Assets	0.61	-0.45	0.32	0.54	0.64	-0.22	-0.26	0.16	-0.31	-0.04	0.17	0.57	-0.14	-0.46	-0.14		0.01	0.12	0.94	-0.29	0.86	0.26	-0.1	-0.37	0.87	0.84
Other Stockholder Equity	0.54	-0.12	0.33	0.51	0.38	-0.14	0.17	0.28	0.75	-0.11	0.3	0.48	0.2	0.11	-0.7	0.01		0.66	0.09	0.58	-0.07	0.42	-0.26	0.59	-0.23	-0.1
Total Liab	0.49	-0.02	0.4	0.54	0.21	0.07	0.26	0.05	0.49	-0.08	0.1	0.37	0.04	0.44	-0.46	0.12	0.66		0.13	0.52	-0.19	0.66	-0.4	0.37	-0.15	0.05
Total Current Assets	0.73	-0.49	0.37	0.47	0.77	-0.29	-0.4	0.35	-0.18	0.01	0.36	0.73	-0.25	-0.35	-0.15	0.94	0.09	0.13		-0.15	0.92	0.25	-0.08	-0.2	0.89	0.67
Common Stock	0.47	0.08	0.07	0.05	0.35	0.29	0.01	0.18	0.73	0.02	0.17	0.27	0.03	0.49	-0.26	-0.29	0.58	0.52	-0.15		-0.3	0.16	-0.34	0.73	-0.36	-0.4
Retained Earnings	0.62	-0.46	0.33	0.38	0.77	-0.4	-0.35	0.31	-0.24	-0.03	0.3	0.69	-0.09	-0.58	-0.16	0.86	-0.07	-0.19	0.92	-0.3		0.14	0.13	-0.27	0.87	0.61
Accounts Payable	0.56	-0.12	0.51	0.63	0.4	-0.02	0.28	-0.01	0.44	-0.27	0.1	0.47	0.47	0.04	-0.53	0.26	0.42	0.66	0.25	0.16	0.14		-0.35	0.39	-0.06	0.08
Other Assets	-0.23	-0.08	-0.23	-0.42	-0.13	-0.39	-0.05	0.03	-0.29	0.33	0.02	0.03	-0.23	-0.08	0.05	-0.1	-0.26	-0.4	-0.08	-0.34	0.13	-0.35		-0.24	0.21	-0.17
Other Liab	0.39	-0.02	0.04	0.02	0.31	0.24	0.06	0.14	0.91	-0.06	0.2	0.21	0.21	0.49	-0.37	-0.37	0.59	0.37	-0.2	0.73	-0.27	0.39	-0.24		-0.47	-0.57
Net Tangible Assets	0.43	-0.43	0.09	0.14	0.54	-0.25	-0.55	0.31	-0.51	0.13	0.29	0.49	-0.47	-0.34	0.13	0.87	-0.23	-0.15	0.89	-0.36	0.87	-0.06	0.21	-0.47		0.65
Current Deferred Revenue	0.29	-0.11	0.13	0.54	0.31	-0.23	0.06	-0.11	-0.45	-0.15	-0.13	0.26	-0.07	-0.54	-0.09	0.84	-0.1	0.05	0.67	-0.4	0.61	0.08	-0.17	-0.57	0.65

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Adroit Infotech Account Relationship Matchups

Adroit Infotech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	145.2M	175.1M	342.1M	479.2M	551.1M	326.3M
Short Long Term Debt Total	49.0M	18.0M	25.1M	34.5M	39.7M	27.0M
Other Current Liab	765K	29.4M	29.8M	32.5M	29.3M	30.9M
Total Current Liabilities	82.3M	46.2M	67.3M	64.1M	73.7M	71.3M
Total Stockholder Equity	62.4M	69.3M	198.5M	353.5M	406.5M	226.6M
Property Plant And Equipment Net	2.8M	12.3M	18.6M	16.0M	18.4M	14.4M
Net Debt	45.0M	17.9M	25.0M	17.9M	20.6M	13.0M
Cash	31.0K	29.2K	40K	16.6M	19.1M	20.1M
Non Current Assets Total	92.7M	108.1M	213.9M	317.0M	364.5M	382.7M
Non Currrent Assets Other	(0.2)	(4.0)	11.6M	3.6M	3.2M	3.1M
Cash And Short Term Investments	285.0K	650.6K	11.7M	16.6M	19.1M	20.1M
Net Receivables	44.6M	30.6M	88.9M	141.1M	162.3M	84.6M
Liabilities And Stockholders Equity	145.2M	175.1M	342.1M	479.2M	551.1M	326.3M
Non Current Liabilities Total	520.0K	59.7M	76.3M	61.7M	71.0M	74.5M
Inventory	13.8M	7.3M	35.8M	24.3M	0.9	0.86
Other Current Assets	220.5K	1.0	24.3M	4.6M	4.1M	3.9M
Total Liab	82.8M	105.9M	143.6M	125.8M	144.7M	99.7M
Total Current Assets	52.4M	67.0M	128.2M	162.3M	146.1M	162.7M
Accumulated Other Comprehensive Income	5M	29.0M	29M	48.4M	55.6M	58.4M
Retained Earnings	(149.3M)	(142.4M)	(117.5M)	(78.3M)	(70.5M)	(67.0M)
Accounts Payable	4.0M	7.8M	17.4M	7.3M	8.4M	6.4M
Other Assets	(4.0)	1.0	3.7M	(1K)	(900.0)	(855.0)
Other Liab	1.5M	520.0K	2.7M	57.9M	66.6M	69.9M
Net Tangible Assets	(33.8M)	(24.2M)	(7.7M)	7.0M	6.3M	6.0M
Current Deferred Revenue	36.5M	20.7M	32.5M	928.0K	1.1M	1.0M
Short Long Term Debt	4.0M	9.0M	15.7M	23.4M	21.0M	17.0M
Short Term Debt	45.0M	9.0M	24.7M	23.4M	26.9M	26.6M
Intangible Assets	86.6M	77.0M	77.7M	70.0M	80.4M	57.6M
Property Plant Equipment	23.9M	2.8M	12.3M	18.6M	21.4M	11.4M
Short Term Investments	254K	621.5K	11.6M	16.5M	14.9M	10.4M
Non Current Liabilities Other	1K	(2K)	55.2M	43.4M	49.9M	52.4M
Cash And Equivalents	34.1K	31.0K	29.2K	40K	36K	46.6K
Net Invested Capital	66.4M	87.2M	223.6M	383.6M	345.2M	196.6M
Net Working Capital	(29.8M)	20.9M	60.9M	102.0M	91.8M	84.5M

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Balance Sheet is a snapshot of the financial position of Adroit Infotech at a specified time, usually calculated after every quarter, six months, or one year. Adroit Infotech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Adroit Infotech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Adroit currently owns. An asset can also be divided into two categories, current and non-current.

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Adroit Non Current Assets Total vs Net Debt Analysis

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Net Debt

Adroit Infotech fundamental ratios Correlations

Adroit Infotech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adroit Infotech fundamental ratios Accounts

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Other Information on Investing in Adroit Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Stockholder Equity	+ 0.95	Total Assets
Total Current Assets	+ 0.94	Other Current Assets
Retained Earnings	+ 0.92	Total Current Assets
Other Liab	+ 0.91	Non Current Assets Total
Net Receivables	+ 0.9	Total Assets

Other Stockholder Equity	- 0.7	Inventory
Cash	- 0.68	Net Debt
Cash And Short Term Investments	- 0.67	Net Debt
Inventory	- 0.66	Total Current Liabilities
Inventory	- 0.64	Net Receivables
Inventory	- 0.63	Non Current Assets Total